Liberal Economist Advocates Nationalizing Retirement Funds

Teresa Ghilarducci, Chair of Economic Policy Analysis and director of the pro-Big Government Schwartz Center for Economic Policy Analysis, recently published a truly frightening briefing paper for the pro-Big Government Economic Policy Institute in which the archetypal UC Berkeley alumna justifies nationalizing retirement funds a la what Argentina did. This is serious stuff folks, as liberals in Washington have quietly been talking about such a plan. Mark my words: If Obama is reelected and Democrats once again control the House and the Senate, Washington will attempt nationalize retirement accounts. If that day comes, it will mark the end of the United States of America as we know it.